Tax Benefit for Business

Purchasing tax-qualified Long-Term Care Insurance is good sense AND good business because:

• The premiums paid for tax-qualified LTC are tax deductible as a business expense.

• Employers can select the class of participants they wish to cover, as LTCi is not subject to non-discrimination rules.

• Premiums paid by employers are not taxable income to employees.

• Benefits received by policyholders when they need care are tax free.

• With generous federal tax benefits and credits available, it's affordable for businesses to help employees obtain coverage.